Opinion: Proposition 19 a bust on funding new Fire Response Fund
In November 2020, voters narrowly approved Proposition 19, a measure that expanded the ability of eligible homeowners to move to a new home and transfer their property tax bill from the old home to the new one, avoiding a large tax increase. Prop. 19 also raised taxes, eliminating the longstanding constitutional provisions that enabled parents to transfer their home and a limited amount of other property to their children without triggering reassessment to current market value.
According to the fiscal impact statement put before voters, Prop. 19 could increase revenue by “tens of millions of dollars per year for both state and local governments,” and “most of this new state revenue would be spent on fire protection.” California’s Department of Finance was directed by the measure to calculate annually, by September 1, the amount of money that the state controller would be required to transfer to the newly created California Fire Response Fund.
The first year’s calculation has now been completed. The amount of money that will be transferred to the California Fire Response Fund is: Zero. Zero dollars have been generated by Proposition 19 for state firefighting efforts. Zero dollars also will be transferred to a second fund set up by Prop. 19, the County Revenue Protection Fund. That fund was intended to reimburse counties that had lower property tax revenues because of homeowners moving to a new county and bringing their lower tax bill with them.
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